Iran Delays Oil Contracts Conference Until After Nuclear Talks
Iran is delaying by three months a conference to offer international companies rights to develop oil deposits there, allowing the London event to fall after negotiations on the country’s nuclear program are set to end. Foreign companies will be able to express interest in producing crude and natural gas in Iran “immediately” after a final nuclear deal is reached, said Mehdi Hosseini, head of the Oil Contracts Revision Committee. Iran and six global powers have given themselves until Nov. 24 to agree on limits to the Persian Gulf state’s ...
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